Farther Finance Advisors LLC Has $606,000 Stock Position in BlackRock Utilities, Infrastructure & Power Opportunities Trust $BUI

Farther Finance Advisors LLC boosted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 4,742.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,536 shares of the real estate investment trust’s stock after purchasing an additional 23,050 shares during the period. Farther Finance Advisors LLC’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $606,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 32,250 shares of the real estate investment trust’s stock worth $730,000 after purchasing an additional 1,088 shares in the last quarter. Raymond James Financial Inc. increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 35.4% in the 1st quarter. Raymond James Financial Inc. now owns 316,269 shares of the real estate investment trust’s stock worth $7,157,000 after purchasing an additional 82,672 shares in the last quarter. Baird Financial Group Inc. increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 36.1% in the 1st quarter. Baird Financial Group Inc. now owns 26,348 shares of the real estate investment trust’s stock worth $596,000 after purchasing an additional 6,987 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 46,210 shares of the real estate investment trust’s stock worth $1,083,000 after purchasing an additional 1,800 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 29.3% in the 1st quarter. LPL Financial LLC now owns 58,850 shares of the real estate investment trust’s stock worth $1,332,000 after purchasing an additional 13,352 shares in the last quarter.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.2%

Shares of BUI opened at $25.81 on Friday. The business has a 50-day simple moving average of $26.63 and a two-hundred day simple moving average of $24.78. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12-month low of $20.27 and a 12-month high of $27.59.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a $0.136 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Monday, September 15th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Profile

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.